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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,964 | $183,539-86.4% | $155,556-84.0% | $145,897-82.9% |
| Participation rate | 37.5% | 82.7%-45.2pp | 78.2%-40.7pp | 80.3%-42.8pp |
| Annual return | 14.01% | 61.31%-47.3pp | 64.84%-50.8pp | 552.29%-538.3pp |
| Employer contribution / active EE | $418 | $5,315-92.1% | $4,675-91.1% | $4,663-91.0% |
| Participant deferral / active EE | $561 | $6,467-91.3% | $5,631-90.0% | $6,689-91.6% |
| Admin fee / account holder | $111 | $19,275-99.4% | $15,885-99.3% | $13,390-99.2% |